MBA: 2Q Commercial/Multifamily Mortgage Debt Outstanding Up 1.5%
Commercial/multifamily mortgage debt outstanding increased by $60.7 billion (1.5 percent) in the second quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.
FHFA Extends COVID-19 Multifamily Forbearance
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to tenant protections the agency imposed during the pandemic.
CREF Policy Update Sept. 30, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
SEC Issues Sample Letter to Firms on Climate Change Disclosures
Last week, the Securities and Exchange Commission gave companies a preview of how it will look at their climate-related disclosures. Specifically, the SEC’s Division of Corporate Finance released a sample letter detailing the sorts of hard questions and requests the SEC will consider when they conduct a review of a company’s disclosures related to climate change.
Multifamily Market Musings: A Conversation with Kim Betancourt From Fannie Mae
Kim Betancourt is Fannie Mae’s Senior Director of Economics and Multifamily Research. She manages a team of real estate economists that focus exclusively on the multifamily sector. They analyze current economic conditions at both the national and local level, determining their impact on the multifamily sector and identifying future trends.
Office Market Recovery Pauses In August Amid COVID Flareups
The large-market office sector recovery lost momentum in August amid renewed concerns about COVID-19 variants, reported CBRE, Dallas.
CFPB: Renters at Risk as COVID-19 Safety Net Ends
The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
MBA Opens Doors Foundation Kicks Off 2022 Fundraising Season with $3.2 Million in Donations
The MBA Opens Doors Foundation announced it received $3.2 million in corporate and individual donations during its first two days of the FY 2022 fundraising campaign, September 8-9.
Personnel News From Grandbridge, Marcus & Millichap Capital Corp., CBRE
Grandbridge Real Estate Capital LLC hired Donald Billingsley as a Mortgage Loan Officer on its Atlanta loan origination team.
Dealmaker: Walker & Dunlop Arranges $30M for 110 Build-for-Rent Homes
Walker & Dunlop, Bethesda, Md., arranged $30.3 million in construction financing for The Clublands of Antioch by Moda Homes, a 110-unit single-family rental community in Antioch, Ill.
Commercial/Multifamily Briefs from CBRE, Tauro Capital Advisors
CBRE, Dallas, launched Healthcare Shield, a suite of processes, technology, training and assessments designed to help healthcare clients achieve compliance standards.